Capitalism is a system of creative destruction, not a system of dinosaur preservation. How many potential auto companies did we squash be keeping GM alive. Is it morally right to eliminate opportunities for future entrepreneurs, because we want to preserve the wealth of those who were greedy and incompetent in the present day. Avoiding pain in the short term rarely leads to gain in the long term.

<quoted text>This is a myth that was started when a Fox News commentator suggested that each Volt costs $25,000 to build.According to GM and its former head of the volt program, Bob Lutz , the Volt is actually on the cusp of break even at this sales pace. What this means is, excluding R&D costs GM is making money with each Volt sold, possible to the tune of $10,000 or more.

<quoted text>What we did in rescuing GM and Chrysler is effectively paid a premium to keep old American icons afloat because we are so rich we could afford to indulge in the luxury of doing so. Had both been allowed to fail, all those factories and workers could have been put to use by car manufacturers that understand how to profitably make cars that people wish to buy. We have rewarded incompetence and punished efficiency, never a good strategy for long-term economic viability.

Hey, moron....those workers would've gone to work for Asian car companies. Is that what you wanted? Instead of returning to profitability - as GM and Ford did - they would likely have been cannibalized by Toyota and Nissan.

Maybe YOU want to see more Americans work for foreign companies, but the rest of us don't.

Capitalism is a system of creative destruction, not a system of dinosaur preservation. How many potential auto companies did we squash be keeping GM alive. Is it morally right to eliminate opportunities for future entrepreneurs, because we want to preserve the wealth of those who were greedy and incompetent in the present day. Avoiding pain in the short term rarely leads to gain in the long term.

<quoted text>Hey, moron....those workers would've gone to work for Asian car companies. Is that what you wanted? Instead of returning to profitability - as GM and Ford did - they would likely have been cannibalized by Toyota and Nissan.Maybe YOU want to see more Americans work for foreign companies, but the rest of us don't.

Who owns Chyrsler? You are uninformed. The plants would stay here in the USA and employ Americans. obama got elected by the uninformed.

Many "foreign" cars built by the Big Three's competitors are made in the U.S.A. coming off assembly lines from South Carolina to California and providing jobs for tens of thousands of Americans.

"We make them here and they're built by American citizens and increasingly we're designing them here," said Kim Custer, spokesman for the Association of International Automobile Manufacturers, which represents Toyota, Mitsubishi, Honda, Nissan, Hyundai, Kia, Isuzu, and Subaru.

<quoted text>Who owns Chyrsler? You are uninformed. The plants would stay here in the USA and employ Americans. obama got elected by the uninformed.Many "foreign" cars built by the Big Three's competitors are made in the U.S.A. coming off assembly lines from South Carolina to California and providing jobs for tens of thousands of Americans."We make them here and they're built by American citizens and increasingly we're designing them here," said Kim Custer, spokesman for the Association of International Automobile Manufacturers, which represents Toyota, Mitsubishi, Honda, Nissan, Hyundai, Kia, Isuzu, and Subaru.

Yes, they build some of their cars in the US...but they send their profits back home!

<quoted text>No, what you "see" is that a conversation with me is unpleasant, because I call you on your bu11sh*t!

Congrats. You've been awarded the "Topix Poster of the Month" for your incessent and pointless auto-fellations on this Board.Your posts are consistently fact-free, devoid of any interesting content, and in keeping with the lowest standards of Topix.Your prize, a T-shirt inscribed "Moron" with an upward arrow, will be arriving by mail, addressed to "the dumbest sophomore at SUNY Albany" - I'm sure the campus mail service will have no trouble knowing exactly where to deliver.Keep up the lame posts! Every time you post, you make Topix stupider!

<quoted text>No, what you "see" is that a conversation with me is unpleasant, because I call you on your bu11sh*t!

Hardly unpleasant to hear a fool talk through his hat, I find it amusing, and mindboggling at the depth of the stupidity of people who voted for obama. A rhesus monkey could be taught your responses, so be careful obama might replace you. Don't bother responding, its futile. Have a nice obama enhanced life, fool.

In 48 hours we will be in 2013. My question is why are we still commenting on a thread made for 2010 politics? Open up a new thread to debate or complain about present day politics. Healthy New Year for all.

In 48 hours we will be in 2013. My question is why are we still commenting on a thread made for 2010 politics? Open up a new thread to debate or complain about present day politics. Healthy New Year for all.

I thought we were, what's in a name? Healthy New Year to you and yours.

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